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E1 Exam Dumps : Managing Finance in a Digital World

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Managing Finance in a Digital World Questions and Answers

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Question 1

The Finance function of XZY company, which is based in the UK. are planning how they can minimise the corporation tax costs

Which of the following is correct?

Options:

A.

Tax avoidance aims to reduce the amount of tax payable and is legal

B.

Tax avoidance aims to reduce the amount of tax payable and is illegal

C.

Tax avoidance operates within the spirit of the law.

D.

Tax avoidance is the same as tax mitigation

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Question 2

Data warehousing is an essential element of the extraction transformation and loading process.

Which of the following best describes data warehousing?

Options:

A.

Examining the data to understand its content formats and structure

B.

Storing data in a systematic and logical way ready for further interrogation.

C.

Data being processed into the destination database ready for use.

D.

The process of harvesting data from source databases and locations.

Question 3

Which of the following is a reason why businesses need to prepare statutory reports?

Options:

A.

To inform the investors how profitable the business is.

B.

To help compare budget with actual performance.

C.

To decide on their foreign exchange hedging policy.

D.

To ensure they have enough inventory on hand for production.

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